–
New Buy Entry Alert SPK
Time Frame : Daily/Weekly
Sector : Telecommunications Services
Key Stats : $7.09 Billion Market Cap, VWAP 3.874, ASX Ranking 58, 4 Week Av Turnover $3,001,462, Current Turnover (Intraday as at time of alert) $107,638, PE 20. Div Yield 5.04%.
Company Overview : Spark New Zealand Limited (SPK, formerly Telecom Corporation of New Zealand Limited) is a NZ telecommunications service provider, offering a range of services and products to consumers and businesses. The Company has following business units: Spark Home, Mobile & Business; Spark Digital and Spark Connect.
Broker Consensus : Not covered by a major broker
–
SPK – Spark New Zealand Limited
SPK is on the move up off a higher low as buyers defend higher levels. We are happy to buy on a push up through 3.96 and hold the stop loss at 3.76. If price falls below 3.76 prior to entry, then we will cancel the entry alert and re-assess the action.
Stock Code : SPK – Spark New Zealand Limited
Company Website : www.spark.co.nz
Current Price : 3.89
New Buy Entry (Trigger Level) : 3.96
Potential Sell Exit Zone (Stop Loss) : 3.76
Status : On watch for buy entry trigger
